Is Melbourne Is About to Explode? Critical Undersupply Revealed | October Market Update

Melbourne’s property market has officially turned a corner, recording its strongest monthly result since COVID with 0.9% growth in October and 1.6% for the quarter. In this October Melbourne Property Market Update, Reece and Lachlan break down the data behind this shift and explain why the market is showing clear signs of a rebound heading into 2026. We cover everything from price growth and auction clearance rates to supply shortages, building approvals, runway analysis, and market forecasts for the coming months. In this Melbourne market update we unpack: 0.9% October growth, strongest result since COVID Auction clearance rates climbing towards 70% A deep dive into the critical undersupply created since 2020 Population growth vs dwelling completions Why Melbourne still offers major affordability advantages over other capitals Why December may be the best buying window of the entire year Whether you’re a buyer, seller, or investor, this episode provides the most up-to-date insights into what’s really happening in the Melbourne housing market. Timestamps: 00:00 Introduction 00:09 Melbourne Property Market Growth in October 02:18 Auction Clearance Rates Moving Up 03:36 Supply Constraints In Melbourne 05:05 Lowest Building Approvals In A Decade 05:53 How Much Growth Is Left In The Melbourne Market 07:04 Predictions For The End of 2025 For more information on our research or PropStac, visit our website:Website: https://follio.com.au/Research: https://follio.com.au/research/ Join the waitlist to receive our latest Perth Market Data directly: https://441711975.hs-sites-ap1.com/follio-property-podcast-market-insights 📲 Follow Us on Social:Instagram: https://www.instagram.com/folliopropertypod/TikTok: https://www.tiktok.com/@folliopropertypod Spotify: https://open.spotify.com/show/4Akt4N53zsb4ldzFNlTwad?si=AFEgYOAiSh2QGbK8AfFLywLachlan Delahunty: https://www.linkedin.com/in/lachlandelahunty/Reece Beddall: https://www.linkedin.com/in/reece-beddall-294557b3/#MelbournePropertyMarket #melbournerealestate #PropertyInvestment #melbourneproperty #melbournepropertyupdate #RealEstatePodcast #VICPropertyMarket